Unemployment in Bulgaria continues to drop, and in June stood at 5.2%, the National Employment Agency says, a 0.5% drop compared to May, and a 3.1% drop on an annual basis (from 8.3% in June, 2020)
170,716 is the number of registered unemployed, 15,331 down on May of this year and 102, 651 or 37.6% down on May of last year.
26,090 people started work in June, the biggest number in the processing industry – 19.7%, followed by the hospitality sector – 14.1%, trade – 14.1% and public administration – 11.2%.
Payments on the 60/40 job support anti-crisis measure continue. In June 80,000 workers received a financial subsidy from the state.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits..
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